Why Southwest Airlines Stock Is Flying Higher Today
Southwest Airlines (NYSE: LUV) has badly underperformed its rivals so far in 2024, prompting a prominent activist to get involved.
Shares of the airline traded up 7% at the open Monday after Elliott Investment Management confirmed a $1.9 billion stake in the company.
Southwest has been flying into headwinds of late. The company's shares coming into trading Monday were flat for the year, compared to up 28% and 25% at United Airlines Holdings and Delta Air Lines, respectively.
Source Fool.com
Southwest Airlines Co. Stock
€25.91
3.180%
Our community is currently high on Southwest Airlines Co. with 15 Buy predictions and 7 Sell predictions.
As a result the target price of 33 € shows a positive potential of 27.36% compared to the current price of 25.91 € for Southwest Airlines Co..